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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?
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To: Sam Biller who wrote (17739)3/15/2001 7:00:55 AM
From: noiserider  Read Replies (1) of 20297
 
I forgot about another significant aspect of CKFR's eMail billing service - cost reduction.

Remember those 40% of CKFR's payments that are done by paper check? Where do they go? Largely to individuals. In my case they go to two music teachers, a stable, a dentist, a doctor, etc. CKFR can't or won't provide an electronic connection.

Enter eMail. When the next paper check is sent to the music teacher on the bottome is asks if she would rather have this check automatically deposited into her checking account the next time saving her a trip to the bank and earning her extra interest. Just sign up with CKFR - for FREE, of course, and get the money deposited automatically. With eMail notification that it is there, too. A paper check with envelope and postage costs 25 to 30 cents. An eTransaction cost pennies.

Once the music teacher is signed up there is ample opportuinity to cross sell CKFR's other services. These CKFR people are smart.
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